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Hemscott.com: Sonic, Shell Canada to jointly develop oil sand extraction technology

VANCOUVER (Thomson Financial) – Sonic Technology Solutions Inc said it has agreed a deal with Shell Canada Energy, part of Royal Dutch Shell, to jointly develop oil sand extraction technology.

Sonic said the aim of this partnership, which builds on previous work the two have done together, is to make oil sand extraction more cost effective.

Sonic said its investment in the venture will depend on the outcome of each phase.

The project and any intellectual property will be jointly owned, Sonic said.

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1 Comment on “Hemscott.com: Sonic, Shell Canada to jointly develop oil sand extraction technology”

  1. #1 Dauda mohammed
    on Apr 7th, 2008 at 08:07

    i love him and he his a great mechanical engineering

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